's
pitis coins were cast from Bangka's tin output. Small-scale mining of tin in modern Indonesia might have begun in
Bangka by the 7th century; some exports of tin from Bangka are dated to the 13th century. After the arrival of the Dutch in the region, the
Dutch East India Company (VOC) signed a treaty with the
Palembang Sultanate which granted the VOC monopoly rights over Bangka's tin trade in 1722. Tin mining was further developed in Bangka in the 18th century, with migrant workers from China working the mines. Large tin deposits were further discovered in 1823 at the neighboring island of
Belitung, and Billiton Maatschappij (today part of
BHP) was founded to exploit Belitung's tin, obtaining a concession over the island's mineral rights in 1860. Billiton continued operations for some time after
Indonesian independence, until Dutch mining operations in Indonesia were seized in 1958. The Indonesian
state-owned company was established in 1976 to exploit the deposits in Bangka and Belitung. Due to declines in global tin prices, the company underwent large-scale restructurization in 1990, laying off 26,000 employees. Following the
fall of Suharto in 1998, deregulation of mining activities resulted in a boom of small-scale mining activities, with a large proportion being illegal. It was estimated in 2019 that small-scale miners made up 60% of Indonesian tin production and covered 50,000 workers. PT Timah alone employed or outsourced around 10,000 workers in 2023. Another major tin mining center was
Singkep, near Bangka and Belitung but part of
Riau Islands. Legal mining operations on the island ceased in 1991 following Timah's restructurization, although illegal mining activities continued on the island with some arrests in 2023. ==Statistics==